PCM Issue Issuing & Acquiring RSS

The 7th annual Merchant Payment Ecosystem (MPE) event, held in Berlin between 18th-20th February, attracted over 520 participants, 94 presenters, 29 sponsors and 24 exhibitors. The main theme of this year’s event was the continuing commoditisation of acquiring, which is leading to value-added services becoming a key success factor. Many speakers pointed to the convergence [...]

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Private equity firms Advent International and Bain Capital have entered exclusive talks to buy Danish card payment services company Nets Holding for more than €2 billion ($2.8 billion), two people familiar with the matter said. Advent and Bain, which jointly own British payment processing company WorldPay and have teamed up for the Nets bid with [...]

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Competition among banks to gain new customers, and campaigns to replace low-value cash transactions with card payments, have driven significant levels of card issuance and rising card usage in Europe, according to a new Retail Banking Research (RBR) report. A 20% rise in the number of cards in circulation between 2008 and 2012 (to reach [...]

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Multi-screen world, constant connectivity and contextual relevance are changing both the offline and online shopping experience. New “digitally connected” consumers expect a more integrated experience that is quick and consistent. Changing consumer behaviour demands a change in commerce. Retailers are rethinking their digital strategies to create personalised and engaging shopping experiences with a [...]

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JCB International (JCBI) and Caixa Economica Federal (CAIXA), the largest public sector bank in Latin America, have signed an agreement for the issuing of JCB cards in Brazil starting in April 2014. Starting with credit cards for a total of 5 million accounts in the next 3 years, CAIXA plans to add debit and prepaid [...]

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